Author: News Desk

San Francisco, Sep 16 (IANS) Japanese major SoftBank is mulling to make an investment in Sam Altman-run OpenAI after the blockbuster listing of British chip designer Arm owned by Softbank, the media reported on Saturday.Masayoshi Son, SoftBank’s founder and CEO, is potentially “looking to invest tens of billions in AI after completing Arm’s initial public offering,” reports The Financial Times.“SoftBank could also look to strike a broad strategic partnership with the ChatGPT maker,” the report noted.UK chip designing giant Arm’s stock surged about 25 per cent during its first day of trading on Nasdaq after selling shares at $51 a…

London, Sep 16 (IANS) A team of scientists in the UK has claimed to have found the reason behind brain cell death which leads to Alzheimer’s, offering hope for a future new line of drugs which could cure the disease.Alzheimer’s is the most common cause of dementia (decline of brain function, memory and thinking skills).It has a variety of complex causes, including the build-up of proteins called amyloid and tau in the brain (substances which create small structures called plaques and tangles), hindering brain function.There is also a loss of neurons – or brain cells – resulting in a breakdown…

Islamabad, Sep 16 (IANS) Director General (DG) of Inter-Services Intelligence (ISI), Lieutenant General Nadeem Anjum, has been granted extension in service, media reports said.A summary in this respect was approved late on Thursday, The News reported.Earlier, Director General (DG) of Intelligence Bureau (IB), Fuad Asadullah, was retained in December last year when now-former Prime Minister Shehbaz Sharif granted him an extension of three years, a week before his retirement, the report said.Nadeem Anjum succeeded Faiz Hameed as DG ISI on November 20, 2021 when the latter was posted as Corps Commander, Peshawar.Earlier, he was Commander of Karachi Corps where he had…

During the special session of Parliament, the government’s focus, particularly, will be on the parties involved in the INDIA bloc, which the BJP called ‘ghamandiya’, ‘adharmi’ and ‘INDI alliance’.The government will closely examine how much consensus exists between these parties in both Houses of Parliament and how much coordination has been established at the level of leaders amid the claims made by them.Many senior leaders of the BJP constantly assert that the opposition alliance is riddled with contradictions. The alliance includes the Congress, which is contesting against the Aam Aadmi Party in Delhi and Punjab, fighting against the Left parties…

Sainz and Charles Leclerc had topped both of Friday’s practice sessions, with the Prancing Horse looking like the team to beat ahead of qualifying later on Saturday.By contrast, Verstappen seemed unable to match the Ferraris’ pace, and he radioed his team several times throughout the session to complain about his upshifts, which he said were giving him wheelspin, reports Xinhua.A trip to the pits late in the hour seemed to partially solve the issue, but the Dutchman said his RB19 was still sliding at the rear, and he ended the session 0.313 seconds adrift of Sainz’s best time of 1:32.065.Behind…

New York, Sep 16 (IANS) With less than a week to go before the US Federal Reserve announces its next interest rate decision, Wall Street has reviewed a bevy of economic indicators released this week, according to a media report.That data indicates that the Federal Reserve is still likely to hold rates steady next week, some investors say. But they add that there are pockets of strength in the economy that suggest markets don’t have the all-clear, CNN reported.While inflation is much lower than it was last year, it remains far above the Fed’s 2 per cent target, which Chair Jerome…

Hailing from the state’s capital, Madhu has featured in over 400 Malayalam films, as also in the Big B debut ‘Saat Hinudstani’.The veteran, now an avid YouTuber, has seen it all in a career that began in 1963 and today he leads a retired life at his small home in the capital, along with his only daughter Uma, who lives next door to him.Speaking to IANS: noted producer G. Sureshkumar who is the live wire of the two-day event to be held here said on the first day that they will be screening “a 45-minute documentary on Madhu Sir shot…

New Delhi, Sep 16 (IANS) Italy’s withdrawal would deal another blow to the Belt and Road Initiative (BRI), which has already been scaled back as recipient countries grapple with debt distress, Chinese banks seek to reduce their exposure to risky loans, and China grapples with mounting domestic economic challenges, writes David Saks in Council for Foreign Relations.David Sacks is a fellow for Asia studies at the Council on Foreign Relations (CFR).European countries are increasingly focused on “de-risking” their economies and will be reluctant to increase their economic dependence on China, making it unlikely that any major economy will soon join…

The decision was taken at the TDP Parliamentary Party (TDPP) held in the national capital on Saturday. The meeting was chaired by TDP national general secretary Nara Lokesh, who is son of Chandrababu Naidu.This is the first time since Naidu became TDP president in 1995 that the TDPP meeting was not chaired by him.The meeting discussed the strategy to be adopted by the party in the special session.It assumed significance in the backdrop of the arrest and the judicial remand of Chandrababu Naidu.It was decided to raise the issue of Naidu’s arrest and the prevailing situation in Andhra Pradesh in…

New Delhi, Sep 16 (IANS) As Italy clearly indicated during the sidelines of the recently concluded G20 Delhi summit, that it plans to quit China’s Belt and Road Initiative (BRI), it reaffirmed the gradually evolving belief, that how economically unfeasible the whole project is proving to be for any of its supporters.Though it managed to garner a lot of support from many central Asian and even European nations (like Italy), who saw a potential of boosting their trade in Asia through it, India has been a long standing opponent of the project.The main thrust of India’s opposition to BRI has…